Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres

For Sale$3,950,000

2716 Piedmont Rd NE, Atlanta, GA 30305

  • Office
  • General Office

Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres, Atlanta, GA 30305 - Office Space

Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres is located at 2716 Piedmont Rd NE in the Garden Hills neighborhood, GA, Atlanta, 30305. The Class B Office building was completed in 1957 and features a total of 13,230 Sqft.

There are 8 office spaces for lease in the Garden Hills neighborhood, totaling 300,000 Sqft of available office space. The office space availability for the 30305 zip code is 828,923 Sqft, in 116 office spaces. The average asking office rent per sq. ft. in Garden Hills is $32.88/sqft/year. For Class A office buildings the average office rate is $32.5/sqft/year.

In Garden Hills, there is 1 class B office building. In 1957, the same year Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres was built, 1 more commercial property (office, industrial, retail) over 50,000 square feet was built in Atlanta, featuring 316,887 square feet of commercial space. At zip code level, there are 37 commercial properties, of which 28 are office buildings over 50,000 square feet.

Nearby Listings

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Details

  • Price $3,950,000
  • City Atlanta
  • Neighborhood Garden Hills
  • Zip Code 30305
  • Market Atlanta
  • Property Type Office - General Office
  • Property Size 13,230 Sqft
  • Lot Size 0.91 Acre
  • Parking Spaces Avail. 10
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1957
  • Date Updated 19 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Located in Atlanta, GA

Highlights

  • Multi-tenant office building in South Buckhead available for sale
  • 100% occupied by four long-tenured tenants with short terms remaining
  • Extremely below-market rents with minimal reimbursements allow for much-improved cash flow by new ownership
  • Tenant mix includes: sign company, art company, construction company, project management company
  • The entire building could be occupied by a single user, or excess space could continued to be leased out to tenants
  • Two adjacent R4-zoned parcels totaling 0.55 acres available for additional price
  • Monument sign is up for lease or owner-use in January 2021
  • Glass and mirror facade provide a modern, distinctive and unique appearance along Piedmont Road
  • 0.91-acre subject parcel size. 25 parking spaces on side and rear
  • Units include reception areas, showrooms, workspace, private offices and break areas
  • 2021-installed roof with 25-year warranty
  • Fantastic visibility from Piedmont Road's high traffic counts of 64,156 VPD
  • 0.5 miles from Lindbergh Center MARTA Station
  • Minutes from area amenities including Lindbergh Plaza, Lenox Square, local restaurants, bars and shopping

FREQUENTLY ASKED QUESTIONS

What is the lease rate for Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres?

Rental asking rate at Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres is Offered Unpriced per square foot.

What is the total square footage of Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres?

Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres totals 13,230 square feet.

When was this property built?

Intown Multi-Tenant Office Opportunity | South Buckhead | ± 13,230 SF | 0.91 - 1.46 Acres was built in 1957.

Garden Hills Demographics

The average household income in zip code 30305 is $183,054, from a total of 12,001 households. In terms of employment, there are 94.16 % white-collar and 5.84 % blue-collar jobs in zip code 30305.

Population

  • Total Population23,693
  • Male Population(49.3 %) 11,680
  • Female Population(50.7 %) 12,013
  • Median Age37.50

Income/Financial

  • Average Household Income$183,054
  • Median Household Income$101,718
  • Median Income Under 25$46,402
  • Median Income 25-44$107,184
  • Median Income 45-64$142,938
  • Median Income Over 65$52,837

Attachments

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Michael Wess

Bull Realty

(404) 876-1640

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